South African officials announced on May 2nd a new incentive scheme to encourage auto industry manufacturers to bring production operations to the country. The incentive, offered to manufacturers producing a minimum of 5,000 qualifying electric vehicles in the country, would be reimbursed for 35% of the production cost over three years of continuous production.

Government officials also hinted at plans for a future consumer incentive program which it hoped to run parallel to the country’s development of the local electric vehicle ecosystem in an €590,000 e-mobility project.

Source: Mail & Guardian article

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